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government debt obligations as such liquidity in those products affects liquidity in the u.s. government debt obligations that we believe may reduce liquidity in those products and that in turn may reduce the quantity and u.s. government debt obligations so there is kind of a banking bankers case saying hey better example the ability in the liquidity in your debt is going to dry up. yes and it's pretty interesting that it almost recollects the so-called paulson's bazooka when he was threatening that the entire financial system would collapse if we didn't and that tarp of course he ended up using tarp for different reasons and he had stated at the time but if we with respect to the specific treasury decision by geithner to exempt foreign exchange swaps and forwards the proposal was actually put into place just in the air in april or may of two thousand and eleven and back then they gave a totally different reason somewhat specious saying that these products settle differently than other derivatives but when it comes to j.p. morgan we find out the real reason which is if you don
government debt obligations as such liquidity in those products affects liquidity in the u.s. government debt obligations that we believe may reduce liquidity in those products and that in turn may reduce the quantity and u.s. government debt obligations so there is kind of a banking bankers case saying hey better example the ability in the liquidity in your debt is going to dry up. yes and it's pretty interesting that it almost recollects the so-called paulson's bazooka when he was threatening...
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not because of government. companies were carved by bacteria simply to protect their brand. competition, device the pipes are reputation, it protects us much better than government over well. that is our show. i am john stossel, thank you for watching. [applause]hour lou: good evening, everybody. a lot has changed in the last 2f hours. to balance the republican author of tax revenue increases. president obama, maintaining a highly believable effort of the white house and congress to resolve differences that would avoid the fiscal cliff. that is $1.2 trillion in automatic budget cuts and $600 billion in tax hikes that would result from the expiratin on december 31, te consequences would simply be devasting. the economic impact on the country and the american people would mean the loss of hundreds of thousands, if not millions of jobs. e very likely onset of yet another recession. the white house timothy geithner on capitol hill today. he went there empty-handed to meet the party leaders. house speaker john boehner who has already offered to raise tax revenue finds himself not
not because of government. companies were carved by bacteria simply to protect their brand. competition, device the pipes are reputation, it protects us much better than government over well. that is our show. i am john stossel, thank you for watching. [applause]hour lou: good evening, everybody. a lot has changed in the last 2f hours. to balance the republican author of tax revenue increases. president obama, maintaining a highly believable effort of the white house and congress to resolve...
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people forget that we have seen revenue of the federal government rise by 26% over the past two years. with those bush tax cuts in place. with that kind of increase in revenue, spending is without question the problem. >> yes, and to talk about raising taxes right now. at the same time, not talk about health care. we had a guest on earlier talking about health care. everyone around the world, and that would mean people from the european union today -- they know that we have to take on health care. the republicans in the house no we have to take on health care. everybody in america that wants to be honest with themselves know that medicare and medicaid @%e not working. we are he said that almost half the states are not going to implement obamacare and it seems like the only people on this planet that don't know that health care has to be on the table and has to be set by the president and the senate. lou: it would be a tragedy if the way in which this president can receive instruction is through a recession and an explosion in unemployment over into the most severe projections of the a
people forget that we have seen revenue of the federal government rise by 26% over the past two years. with those bush tax cuts in place. with that kind of increase in revenue, spending is without question the problem. >> yes, and to talk about raising taxes right now. at the same time, not talk about health care. we had a guest on earlier talking about health care. everyone around the world, and that would mean people from the european union today -- they know that we have to take on...
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how the federal government helps with each and every day. thank you for coming on the show tonight, it's great having here. >> always a pleasure. gerri: still to come, almost free holiday travel. reaching new highs this week. should the government get out of the loan business? we have a debate coming up. that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ gerri: a ticking timebomb inside the federal budget. putting taxpayers on the hook for billions of dollars. stud
how the federal government helps with each and every day. thank you for coming on the show tonight, it's great having here. >> always a pleasure. gerri: still to come, almost free holiday travel. reaching new highs this week. should the government get out of the loan business? we have a debate coming up. that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health...
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we heard of some chinks in the government's case because the marine commander justified that he was telling his higher ups apt the pentagon that quantico was no place to keep manning for any period of time and recommended he stay there no longer than 90 days. manning ended up there three times that long and we heard from a navy doctor who said he was advised the base commanders that he was to be taken off suicide watch. >> the government will be questioning manning tomorrow. >>> another republican defies grover norquist and his tax pledge. he's "outfront" to explain why he did it and a month ago, a woman died when doctors failed to perform an abortion. her husband is now stepping out. . now from the maker of splenda sweeteners, discover nectresse. the only 100% natural, no-calorie sweetener made from the goodness of fruit. the rich, sweet taste of sugar. nothing artificial. ♪ it's all that sweet ever needs to be. new nectresse. sweetness naturally. new nectresse. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited e
we heard of some chinks in the government's case because the marine commander justified that he was telling his higher ups apt the pentagon that quantico was no place to keep manning for any period of time and recommended he stay there no longer than 90 days. manning ended up there three times that long and we heard from a navy doctor who said he was advised the base commanders that he was to be taken off suicide watch. >> the government will be questioning manning tomorrow. >>>...
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in celebration of over 75 years of our government employees insurance company, or geico...as most of you know members it.congress. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newscaster:breaking news. the gecko is demanding free pudding. and political parties that are actual parties!? with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. >>> four years, kiev and moscow have been locked in hey bitter dispute over the russian pipeline that runs through the ukraine. this week, the ukraine decided they have had enough. they are going to climb out from under russia's thumb and sign a deal with a new gas partner. okay. this deal was a big deal. over $1 billion and what it was going to do was have the company build a new port terminal on the black sea for importing and exporting liquefied natural gas. the signing of the agreement was such a big deal in the ukraine it was televised. it was attended by the prime minister and by a man called jordy sarda bonv
in celebration of over 75 years of our government employees insurance company, or geico...as most of you know members it.congress. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newscaster:breaking news. the gecko is demanding free pudding. and political parties that are actual parties!? with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. >>> four...
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make mitt romney the czar of dowdownsizing government. she brought the money to the table. >> i can't help how they spend it, neil. neil: i'm kidding. with you. i think that mitt romney is a billion business guy. losing presidential candidates, we put them out to pasture. there has to be something we did do with these guys, like former day presidents, modern day avengers or something. >> we have to admit that mitt romney knows, only thing that obama defense praise him i thought he ran the olympics well. >> coi condescending. >> it was. >> and for lunch, sandwiches what? neil: turkey chili. i think -- i don't know what purpose was. i like it when they coming it afterwards, and shake hands, and i know they hate each other. can you imagine if you are mitt romney, i don't know what i do now, but i know half of the people in the country voted for me. >> this president is a masterful politician, we all disagree with his policies here. but we have to report his political savvy. if we give governor mitt romney a cabinet position it would be linco
make mitt romney the czar of dowdownsizing government. she brought the money to the table. >> i can't help how they spend it, neil. neil: i'm kidding. with you. i think that mitt romney is a billion business guy. losing presidential candidates, we put them out to pasture. there has to be something we did do with these guys, like former day presidents, modern day avengers or something. >> we have to admit that mitt romney knows, only thing that obama defense praise him i thought he...
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pays for 8.5 days for government spending. you don't get anything except for lower productivity of people you ask to create more jobs. that is why. >> he can final it in his base. that is why he is proposing more spending. >> brian: incredible. to see him campaign with tinker toys and angry birds makes us think it's another 4-1/2 years instead of rolling up the sleeves and get the deal done. he goes to pennsylvania -- >> andrea: a small business. which is so ironic. the same group of businesses that are hit hardest by the tax increase. >> eric: i don't know if we outlined the deal that geithner proposed. $1.6 trillion. $1.6 trillion in the tax hikes. that's what he says. they are $1 trillion off on that. not meeting in the middle. no spending cuts. spending cuts are delayed. forward. 10 to 15 years down the road. hope congress decides to -- >> andrea: he will be long gone. obama will be long gone. >> bob: you are saying -- geithner says $1.6 trillion? >> eric: it comes from tax increases. >> bob: on who? you're saying go over
pays for 8.5 days for government spending. you don't get anything except for lower productivity of people you ask to create more jobs. that is why. >> he can final it in his base. that is why he is proposing more spending. >> brian: incredible. to see him campaign with tinker toys and angry birds makes us think it's another 4-1/2 years instead of rolling up the sleeves and get the deal done. he goes to pennsylvania -- >> andrea: a small business. which is so ironic. the same...
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government for one hour and 36 minutes. i thought that was interesting. by the way, one thing that all of us have learned, especially the national media, as we've been calling this dearborn, missouri, we're wrong. it's dearburn. they're a little upset that we're pronouncing the name of their town wrong. >> teach me this again. dearburn? >> reporter: you've got to say it like mush in your mouth. it's not dearborn, it's dearburn. >> dearburn, missouri. >> reporter: there you go. i think we got it. >> kerry sanders there to meet the hills coming up and a very lucky 6-year-old who will be probably getting a pony for christmas, i'm sure. thanks. >>> just a half hour from now, president obama is expected to give remarks from pennsylvania. it's the next step in his campaign to generate public support for his plan to tackle the fiscal cliff. now, while at a toy manufacturing company, the president is expected to play hardball. white house official telling nbc news he'll call on congressional republicans to stop holding the middle class hostage. traveling with the
government for one hour and 36 minutes. i thought that was interesting. by the way, one thing that all of us have learned, especially the national media, as we've been calling this dearborn, missouri, we're wrong. it's dearburn. they're a little upset that we're pronouncing the name of their town wrong. >> teach me this again. dearburn? >> reporter: you've got to say it like mush in your mouth. it's not dearborn, it's dearburn. >> dearburn, missouri. >> reporter: there...
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some other international news for you now the syrian government says it's regained control over the road leading to the nation's main international airport after intense fighting. several international airlines suspended flights to the mascot's because of the battles internet services were also down in the country with the government and the opposition blaming each other for the blackout. british prime minister david cameron has rejected it recommendations for a new independent legally backed media watchdog cameron fears any political involvement in such a body could inhibit freedom of the press and suggestions were made in the widely anticipated leveson report on media standards in the way but the visions have emerged within the coalition government with the deputy prime minister supporting the report and saying a state money was needed to regulate the press. that's all for me from them coming up after a short break it's capital account before this day. in japan the average height for men is one hundred eighty two centimeters ten centimeters shorter because of that some employers refuse
some other international news for you now the syrian government says it's regained control over the road leading to the nation's main international airport after intense fighting. several international airlines suspended flights to the mascot's because of the battles internet services were also down in the country with the government and the opposition blaming each other for the blackout. british prime minister david cameron has rejected it recommendations for a new independent legally backed...
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higher federal government spending and stronger u.s. exports also helped. the impact super-storm sandy has had on the job market seems to be dissipating. 23,000 fewer americans filed for first-time unemployment benefits during thanksgiving week compared to a week earlier. the total was 393,000. it had jumped to over 400,000 in the weeks following the storm. still, we saw just modest gains on wall street today-- the dow rose 36 points, the nasdaq was up 20, and the s&p 500 added six. >> tom: the roster of companies announcing special one-time paydays for their shareholders continued growing today. taxes on stock dividends are currently set at 15%. but with no deal on the fiscal cliff, dividends will be taxed like regular income, meaning they could go up to over 40% for some high-income households. we spoke with larry mendelson, the chairman and c.e.o. at avionics gear maker heico, which announced its own special dividend this week. larry, thank you for joining us, we appreciate it. what role did the fiscal cliff play in heico decision to paid fiscal dividend
higher federal government spending and stronger u.s. exports also helped. the impact super-storm sandy has had on the job market seems to be dissipating. 23,000 fewer americans filed for first-time unemployment benefits during thanksgiving week compared to a week earlier. the total was 393,000. it had jumped to over 400,000 in the weeks following the storm. still, we saw just modest gains on wall street today-- the dow rose 36 points, the nasdaq was up 20, and the s&p 500 added six....
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what does the government need to do? what kind of threshold do you want to see from the federal government? >> well, as i said, the name of the investigation yesterday should have been called who's in charge here, because that's exactly the way it went. we need to fund basic science, keep it going, doing it in a smart way. we have to connect the cdc, nih, health and human services, the fda, all those organizations have to be better connected. we have to bring services and research together. we need diagnosis should be achieved at 18 months now and we have five years in many places and minorities are diagnosed later than all. they don't seem to have the right access. we need to develop better treatments and translate research into medicine. we need to alleviate discrepancies in services. i'll give you an example, andrea, 32 states have autism insurance, 75% of the nation. they represent half of the employees. the other half are in large companies. the congress has to act and make those large companies do exactly the same
what does the government need to do? what kind of threshold do you want to see from the federal government? >> well, as i said, the name of the investigation yesterday should have been called who's in charge here, because that's exactly the way it went. we need to fund basic science, keep it going, doing it in a smart way. we have to connect the cdc, nih, health and human services, the fda, all those organizations have to be better connected. we have to bring services and research...
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at the same time, new government figures show that more than 53,000 undocumented immigrants have been approved to stay in the country under president obama's new immigration policy. the deferred action for childhood arrivals initiative launched in august halts the depotatid deportation of some undocumented immigrants brought to the u.s. as children. joining me, one of the first to benefit from the new policy, and telemundo's jose diaz belart. good to see both of you. the president announced the program earlier this year. how is it being rolled out, and who qualifies? >> well, okay. first of all, it's only a two-year reprieve from possible deportation. this is not a permanent solution, this is just a two-year reprieve. and it could benefit up to 1.2 million young people like carla. to be able to qualify, you have to have -- you're under 31 years of age by june of this year. you have to have lived in this country for at least five years, gotten to the united states before you were 16 years of age. and of course, not have any kind of record, criminal record. gone to high school or going
at the same time, new government figures show that more than 53,000 undocumented immigrants have been approved to stay in the country under president obama's new immigration policy. the deferred action for childhood arrivals initiative launched in august halts the depotatid deportation of some undocumented immigrants brought to the u.s. as children. joining me, one of the first to benefit from the new policy, and telemundo's jose diaz belart. good to see both of you. the president announced the...
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and we also heard some chinks in the government's case, so to speak, because the marine commander of that base has testified that he he was telling his higher ups back here at the pentagon, right from the get-go, that quantico was no place that they keep manning there long term. he ended up there for three times that long. a doctor was repeatedly advising the doctors that he should be taken off suicide watch when manning was kept on for quite some time. >> thanks, chris. >>> 33 days away for the fiscal cliff and another republican defies grover norquist's tax pledge. kevin yoder is "outfront" to describe why he did it. >>> and a woman died after doctors refused to perform an abortion. the woman's husband is here next. but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwd
and we also heard some chinks in the government's case, so to speak, because the marine commander of that base has testified that he he was telling his higher ups back here at the pentagon, right from the get-go, that quantico was no place that they keep manning there long term. he ended up there for three times that long. a doctor was repeatedly advising the doctors that he should be taken off suicide watch when manning was kept on for quite some time. >> thanks, chris. >>> 33...
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this, the government is basically set up to govern themselves, each step of the way to make the rules. he doesn't want that to happen. he wants to make the rules himself, this is not that type of place. just looking, everybody is concerned about the $1.6 in taxes, blah, blah, blah. that's nothing. the last part is the important part, because now he can have complete control over everything and anything. host: before you keep going on to highlight for the viewers at home maybe did not see this. part included the changing of the current la that specifically goes to requiring congressional approval. go ahead feignedish your point, caller. caller: like i said, the last part is the important part. the last part, he is going to twist it. like everything else he has been doing, trying to go through little back doors slipping this and that in, that would change the current law requiring congressional approval? it just doesn't make sense. host: here's the photo from the u.n. yesterday. the headline is the u.s. heightens the state of palestine, this is mahmoud abbas congratulated by turkey's fo
this, the government is basically set up to govern themselves, each step of the way to make the rules. he doesn't want that to happen. he wants to make the rules himself, this is not that type of place. just looking, everybody is concerned about the $1.6 in taxes, blah, blah, blah. that's nothing. the last part is the important part, because now he can have complete control over everything and anything. host: before you keep going on to highlight for the viewers at home maybe did not see this....
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the concern is government over hang but the government will get out quickly now that the election is past, once morsi 8 is off of the job the new guy is going to say now we can sell the losses on tim geithner's books and so i like aig for the long term. cheryl: whoever is the next tim geithner, you never know. we were talking about the dividend payers and focus on dividend payers because of potential for 39% hit on taxes, 43% pretending to make more. at the same time you are saying the stocks of the dividend payers and chevron and honda and you like these bigger names, stock names. >> we're looking at valuations, a good valuations there, not just dividend by themselves. if they don't have the earnings that will honor the dividend doesn't matter. cheryl: great way to end. thank you very much. coming up, the fiscal cliff survival kit will be continuing to take right now to save money. dennis: doing a little ventriloquism. cheryl: you will thinking of those great points. dennis: not just real change but loose change, coins in my pocket and now it is worse. the u.s. wants to replace the
the concern is government over hang but the government will get out quickly now that the election is past, once morsi 8 is off of the job the new guy is going to say now we can sell the losses on tim geithner's books and so i like aig for the long term. cheryl: whoever is the next tim geithner, you never know. we were talking about the dividend payers and focus on dividend payers because of potential for 39% hit on taxes, 43% pretending to make more. at the same time you are saying the stocks...
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the syrian government blames the terrorists or the rebels. meanwhile fights around the main airport damascus sparked airlines to suspend flights into the capital. now officials are preparing to recognize syria's opposition consulate. in other words the rebel's leaders as the legitimate representative of the syrian people. also today the defense secretary leon panetta says the united states is not giving rebel fighters surface-to-air missiles. let me say uneequivocallably we have not provided any of those kinds of missiles to the opposition forces located in syria. >> activists report the syrian civil war has led to the deaths of more than 40,000 people. cops could be reading yemail rit the feds without a search warrant. some of your emails. in fact, some lawmakers are now trying to change that but opponents say it could have dangerous consequences. and there is new talk of bringing gitmo detainees here to the united states. one senator says it's doable. one congressman warns, you better not. plus why starbucks executives plus why starbucks ex
the syrian government blames the terrorists or the rebels. meanwhile fights around the main airport damascus sparked airlines to suspend flights into the capital. now officials are preparing to recognize syria's opposition consulate. in other words the rebel's leaders as the legitimate representative of the syrian people. also today the defense secretary leon panetta says the united states is not giving rebel fighters surface-to-air missiles. let me say uneequivocallably we have not provided...
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but as responsible men of government, they can't look like they want to. so -- >> here's the deal. >> i make the argument that going off as you call it, the curb, i call it the slope, the press calls it the cliff, is actually the best deal progressive democrats are going to get. and here's why. one, we get the clinton tax rates on everybody. will it cause a problem? yes. there will be a short recession and it will be painful. but two, we get defense cuts. republicans are never going to agree to that. and three, there are some human services cuts which we're not going to like, but it's the least possible damage. now what do we get in exchange? a serious down payment of the deficit. the wall street people who are wringing their hands about this are really full of it. because what they're going to see is a big drop on wall street while the hype comes and then it's going to come roaring back because finally somebody has done something serious about the deficit. so i think the fiscal curb as you call it is actually the best deal that progressive democrats are g
but as responsible men of government, they can't look like they want to. so -- >> here's the deal. >> i make the argument that going off as you call it, the curb, i call it the slope, the press calls it the cliff, is actually the best deal progressive democrats are going to get. and here's why. one, we get the clinton tax rates on everybody. will it cause a problem? yes. there will be a short recession and it will be painful. but two, we get defense cuts. republicans are never going...
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sdo they feel they're making progress towards the government? how do they assess what is happening to them? >> the overall sense is that, yes, the rebels are daily pretty much making gains against the regime's forces. we're hearing from some of the commanders that in many instances they do have the syrian military base that is are in aleppo province entirely encircled, and they are claiming that the regime does not control 85% of the city. that being said, there's still a constant threat from the air. the regime obviously still has the superior airpower. for many of the residents that we were speaking to today, it really has all boiled down to one thing, and that is day to day survival. they have been through so much already, and there are challenges in just getting bread, getting food. prices have increased significantly. bread prices, for example, at this one bakery had gone up two-fold, and other instances it's even more. when you ask them about the future, all they can say is god willing, things will get better. beyond that, there's not much
sdo they feel they're making progress towards the government? how do they assess what is happening to them? >> the overall sense is that, yes, the rebels are daily pretty much making gains against the regime's forces. we're hearing from some of the commanders that in many instances they do have the syrian military base that is are in aleppo province entirely encircled, and they are claiming that the regime does not control 85% of the city. that being said, there's still a constant threat...
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prop of the million or pensions of government workers. they basically have been sold allies about retirement security that may not be there when they are ready to leave the workforce. megyn: now they are talking about making that temporary income tax hike permanent. there are rumblings about thaas. illinois has dirty heads credit downgraded by standard & poor's. because of these retiree costs. they are in a lot of trouble. was that pat quinn in the video? >> no, i think that was a local actor. they did not put him in the video considering the feedback that the video has received. megyn: well, good old "squeezy" makes is going after all. christina, thank you for joining us. >> you are so welcome. megyn: coming up, a town hall meeting turns ugly. some frustrated victims of hurricane sandy. can they get answers as the holiday seasons approach? and the winner of this week's record-breaking jackpot in the powerball game. still a mystery to millions of americans. coming up, the identity of one of the players and surveillance video suggests a se
prop of the million or pensions of government workers. they basically have been sold allies about retirement security that may not be there when they are ready to leave the workforce. megyn: now they are talking about making that temporary income tax hike permanent. there are rumblings about thaas. illinois has dirty heads credit downgraded by standard & poor's. because of these retiree costs. they are in a lot of trouble. was that pat quinn in the video? >> no, i think that was a...
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to have good government. but they do want efficient government and they want to make sure they're watching out for their tax dollars. they do want medicare, social security. they want those programs. they just want us to be fiscally responsible and move this country forward. i think it was a big ideological shift, again, and it's our job now to work with each other to get this country past the financial and to work on the issues americans sent us to do. >> you mentioned the fiscal cliff and i want to ask you about it. president obama even in his p - proposal yesterday had entitlement cuts including to medicare. you have in the past been resistant to cutting entit entitlements. does the result of the election -- i've heard many people on the democratic side say, look, we won. we don't need to make concess n concessions to republicans on entitlements. we can raise the top rates without making these concessions. do you think the president is even in this first proposal giving away too much on the entitlement sid
to have good government. but they do want efficient government and they want to make sure they're watching out for their tax dollars. they do want medicare, social security. they want those programs. they just want us to be fiscally responsible and move this country forward. i think it was a big ideological shift, again, and it's our job now to work with each other to get this country past the financial and to work on the issues americans sent us to do. >> you mentioned the fiscal cliff...
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revenues the government needs. the growth very doesn't sit in the office of harry reid or charlie rangel. the idea is the president is continuously habitually self-defeating. if you tax the upper brackets will crush small business and legal $160 billion into the federal government, not enough to run the government of you month. >> where is the balance? president talk about balance. his plan has no balance. we have $1.6 trillion in additional taxes, ever found. stuart: where is entitled reform? where is anything? entitlement heartbreak in america's back. liz: floating the bill for social security first time ever going into the red. the government has become less capable as it has gotten bigger. ask the hurricanes and the victims how the government responds. stuart: we have got that leader in the show. i want to bring in the wall street journal, kimberly, welcome to the program, always good to have you on board. i am getting all head up here. i am. this so-called offer from the president announced to a slap in the fa
revenues the government needs. the growth very doesn't sit in the office of harry reid or charlie rangel. the idea is the president is continuously habitually self-defeating. if you tax the upper brackets will crush small business and legal $160 billion into the federal government, not enough to run the government of you month. >> where is the balance? president talk about balance. his plan has no balance. we have $1.6 trillion in additional taxes, ever found. stuart: where is entitled...
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they both win by governing. i mean, this is -- a unique situation. they both win by governing. that opportunity sitting there for them to take. i think that -- i think they both are sophisticated enough to realize it. hopefully they go in a room and do it. >> it is only a big deal -- only a big deal that will set off this positive chain of events that i think will be a huge boom to the american economy. we have to go big and we have to really solve this problem. >> i think there's -- there could be a high chance that there is a deal but that nothing big gets done. if that's the case -- >> that's the problem. >> that could be the path of least resistance. >> that's kicking the can down the road. >> right. >> i hear you being critical of the president. you don't like his offer yesterday. sounds to me like what you are saying is there wasn't enough compromise in the president's offer yesterday. >> no. it was a -- a good -- look, i have done -- as governor and mayor thousands of union negotiations. you start out with a position you don't expect to wind up with. there ought to be pe
they both win by governing. i mean, this is -- a unique situation. they both win by governing. that opportunity sitting there for them to take. i think that -- i think they both are sophisticated enough to realize it. hopefully they go in a room and do it. >> it is only a big deal -- only a big deal that will set off this positive chain of events that i think will be a huge boom to the american economy. we have to go big and we have to really solve this problem. >> i think there's...
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the government is working now to ensure that human controls will be in place. here is chris lawrence. >> reporter: behind every hellfire missile there's an actual human being, someone back at base remotely pulling the trigger. but the pentagon is preparing for the day when robots are capable of killing on their own. >> machines are starting to take over. >> reporter: it conjures up images of the terminator. >> i need to make myself very clear. if we uplink now, sky net will be controlling your military. >> you'll be in control of sky net, right? >> the pentagon just issued its first directive on autonomous weapons, lethal weapons with no human control to minimize failures that could lead to unintended engagements. >> that's a sterile term for me, meaning harming innocence. killing the wrong target. >> pentagon's dave ochmanek admits these weapons are still 20, 30 years away. >> that technology doesn't exist yet. so why now? >> the thought was technology is dynamic. and we would like to get out ahead of it. >> just this week they tested drones. still howing the
the government is working now to ensure that human controls will be in place. here is chris lawrence. >> reporter: behind every hellfire missile there's an actual human being, someone back at base remotely pulling the trigger. but the pentagon is preparing for the day when robots are capable of killing on their own. >> machines are starting to take over. >> reporter: it conjures up images of the terminator. >> i need to make myself very clear. if we uplink now, sky net...
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the palestinians still divided by competing governments, different governments in gaza than the west bank. israel keeping control of the borders. david lee miller is live in jerusalem. what is the israeli reaction to this, david lee? >> reporter: bill, here's the front page of an israeli newspaper. it says simply in hebrew, the world decided on the front page is the approximately stin president mahmoud abbas. shortly after he spoke yesterday at the united nations benjamin netanyahu wasted no time to say his speech was nothing but propaganda. under the u.n. vote the palestinians will become nonvoting observer state status at the united nations with borders reverting back to what was originally in place in 1967. now this resolution essentially means that on paper at least, jerusalem is going to be divided and under this resolution, the western wall, one of the holiest sites to jews, on paper be under the control of palestinians. for the most part the government reaction here is to downplay the vote. a spokesman for the prime minister says the u.n. decision is essentially no substitute
the palestinians still divided by competing governments, different governments in gaza than the west bank. israel keeping control of the borders. david lee miller is live in jerusalem. what is the israeli reaction to this, david lee? >> reporter: bill, here's the front page of an israeli newspaper. it says simply in hebrew, the world decided on the front page is the approximately stin president mahmoud abbas. shortly after he spoke yesterday at the united nations benjamin netanyahu wasted...
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they established the federal government not so that government could control our rights, not so that they could redistribute wealth, force us to buy insurance or anything like that. what they did was they established government under the constitution to unite a free people in society under laws that were designed to preserve those natural rights. >> brian: rick santorum knew you and endorsed the book. it's out there right now. thank you for joining us. >> gnaw for having me on. >> gretchen: it's called "the american ideology." next on the rundown the president's offer to avoid going over the fiscal cliff tax and spend. what about any kind of cuts? we're live in washington coming up next. >> brian: so disappointing. then the circus is overment big update in the story of zebra and his pony pal who ran through the streets of new york city. >> gretchen: do you know what happened? >> brian: i do know what happened. and it's got me well n a tizzy. >> gretchen: really? >> brian: yes [ male announcer ] this december, remember -- you can stay in and share something... or you can get out there
they established the federal government not so that government could control our rights, not so that they could redistribute wealth, force us to buy insurance or anything like that. what they did was they established government under the constitution to unite a free people in society under laws that were designed to preserve those natural rights. >> brian: rick santorum knew you and endorsed the book. it's out there right now. thank you for joining us. >> gnaw for having me on....
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government and is committed to continuing to meet these obligations." whiled nrdc is speaking out about rice's potential conflict of interest, its spokesman says it supports her potential nomination and would not ask her to recuse her herself from the pipeline decision. another liberal group launched a petition online. it's demanding rice sell all of her stock. not only in transcanada but other canadian companies that could stand to benefit if the pipeline is approved. joe. >> mary snowe in new york. thanks for that. >> sure. >>> you've seen it in the movies, robots able to kill without human controllers. one day that will be a reality. what the pentagon is doing about it right now. when this hotel adc to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! (announcer) when subaru owners look in the mirror, they see more than themselves. so we celebrate our year-end with the "share t
government and is committed to continuing to meet these obligations." whiled nrdc is speaking out about rice's potential conflict of interest, its spokesman says it supports her potential nomination and would not ask her to recuse her herself from the pipeline decision. another liberal group launched a petition online. it's demanding rice sell all of her stock. not only in transcanada but other canadian companies that could stand to benefit if the pipeline is approved. joe. >> mary...
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can they govern this country? the offer made this morning, the challenge i have with it, this is no different than the offer that was made six months ago or a years ago from my friends in washington from the president. so as much as -- but understand, you had republicans also in washington who wanted to do a deal. the speaker started off saying we can go with new revenue and give a real deal. now, the president, tim geithner, others are smart people. and i hope and trust they know what they're doing. but if i'm reading this this morning in memphis, tennessee, in pensacola, florida, i don't have a lot of confidence that progress is being made. if i'm a business owner or if i'm a voter or if i work for a large business anywhere in the country. that's what concerns me about this. >> i'm giving both sides the benefit of the doubt that they're going to make this deadline. i can't imagine they would want to make the faith in washington plunge even deeper than it already is. having said that, sam -- >> we're a step close
can they govern this country? the offer made this morning, the challenge i have with it, this is no different than the offer that was made six months ago or a years ago from my friends in washington from the president. so as much as -- but understand, you had republicans also in washington who wanted to do a deal. the speaker started off saying we can go with new revenue and give a real deal. now, the president, tim geithner, others are smart people. and i hope and trust they know what they're...
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meantime, the government says that while this is a popular drug, there are other manufacturers and it does not expect an immediate shortage. ranbaxy first issued recalls on november 9th because of glass contamination. according to the government and doctors, it actually sounds worse than it is medically. >> this is not truly a threat to people's health. eating a pill that contains numerous particles of glass a millimeter in size or less, is akin to eating a pill with small bits of sand in it. >> reporter: still, experts say the glass could cause minor irritation of the digestive system. the nongeneric, brand name lipitor, which many insurance companies won't pay for, costs an average of a little more than $1 extra per pill. before generic versions were allowed to be made last year, lipitor sold $600 million worth a year. so far, the fda has not received complaints about sickness from users. the concerns are about quality control at the factory. we reached out to ranbaxy but did not get a response. george? >> okay, jim, thanks. >>> the disturbing headline from authorities. a big warnin
meantime, the government says that while this is a popular drug, there are other manufacturers and it does not expect an immediate shortage. ranbaxy first issued recalls on november 9th because of glass contamination. according to the government and doctors, it actually sounds worse than it is medically. >> this is not truly a threat to people's health. eating a pill that contains numerous particles of glass a millimeter in size or less, is akin to eating a pill with small bits of sand in...
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with the price of milk these days -- >> they say they are doing it as a protest to the government in england they feel is milking them. it has a political meaning. >> it should certainly take off here in america. >> watch. okay, with his suit on. that is so nasty. you know how bad you smell after that? >> probably the type of person to do that to begin with doesn't care how they smell. excellent point, i thought it through. i thought it was funny nameless didn't want her little boy to do that, because she didn't want to clean it up. >>> first lady michelle obama is showing off the christmas decorations at the white house to a bunch of war veterans and families and things, and it's always cool. they are showing off a 300-pound gingerbread replica of the white house, there's bo the dog. look at that. >> amazing what they do. >> main attraction, of course, is the white house christmas tree. that thing is 18 1/2 feet high and is decorated by the children of military families. >> that's so nice. i would not want to be the first family during the christmas season. they have receptions ever
with the price of milk these days -- >> they say they are doing it as a protest to the government in england they feel is milking them. it has a political meaning. >> it should certainly take off here in america. >> watch. okay, with his suit on. that is so nasty. you know how bad you smell after that? >> probably the type of person to do that to begin with doesn't care how they smell. excellent point, i thought it through. i thought it was funny nameless didn't want her...